The 19th largest owner of the Shiba Inu (SHIB) recently made an incredible acquisition. According to Etherscan.io data, the whale in question bought 168,375,992,729 meme coins worth a total of $1,729,221 in two separate transactions. This acquisition sparked excitement among Shiba Inu owners and resonated widely in the cryptocurrency world.
Shiba Inu is a cryptocurrency that has been gaining attention lately. The fact that the 19th largest SHIB owner also made such a large purchase has created optimism about the future of the Shiba Inu.
Besides, recent developments in the meme coin ecosystem have rekindled whales’ interest in SHIB. Recently, the leading Lithuania-based Neobanking Institution bank added support for the Shiba Inu on its CeFi platform.
In another exciting development, Binance Pay has partnered with ivendPay. This partnership will allow Binance Pay users to pay using Shiba Inu (SHIB) at 400 ivendPay-supported merchants.
Detail of SHIB Purchases
Whale’s buying spree started about four hours ago, adding 9,819,06847 (9.81 billion) SHIBs to his deep pocketed investor bag. However, this purchase was not enough for the whale.
Shortly after, the whale made another astonishing purchase worth $1,628,380 ($1.62 million). With this transaction, the whale added another 158,556,985,882 (158.55 billion) SHIB to its balance.
This massive accumulation brought the whale’s SHIB investment to 5,252,333,033,396 (5.25 trillion) SHIB.
You can follow the current price action here.
Source : the crypto basic